Condominiumhttp://www.businessinsider.com/category/condominium
en-usFri, 18 Aug 2017 01:20:36 -0400Fri, 18 Aug 2017 01:20:36 -0400The latest news on Condominium from Business Insiderhttp://static3.businessinsider.com/assets/images/bilogo-250x36-wide-rev.pngBusiness Insiderhttp://www.businessinsider.com
http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-27-million-2017-4Billionaire hedge funder Howard Marks just listed his 'Versailles in the Sky' condo for a discounted $27.5 millionhttp://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-27-million-2017-4
Wed, 26 Apr 2017 07:22:00 -0400Madeline Stone
<p><img style="float:right;" src="http://static1.businessinsider.com/image/58ffa29a0ba0b81c008b6118-729/440x660 2.jpeg" alt="howard marks corcoran" data-mce-source="Corcoran" data-link="https://www.corcoran.com/nyc/Listings/Display/5119006"></p><p>Oaktree Capital chairman Howard Marks has brought his eight-bedroom, 4,536-square-foot apartment back to the market. &nbsp;</p>
<p>The spread is available at a much lower price point this time around: $27.5 million.&nbsp;</p>
<p>It's the third time he's listed the full-floor unit, located at New York's 50 Central Park South and designed by <a href="http://www.michaelsmithinc.com/">Michael Smith</a>, who also led the 2010 Oval Office makeover.</p>
<p>Marks, who reportedly paid <a href="http://ny.curbed.com/archives/2012/07/07/twobedroom_in_the_ritz_carlton_seeks_50m.php">close to $19 million</a> for the apartment back in 2007, originally <a href="http://www.businessinsider.com/howard-marks-50-million-ritz-carlton-apartment-2012-7?op=1">listed it in 2012</a>, then <a href="http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5">again in</a> 2015. He asked $50 million for it both times.</p>
<p>The luxury condo, which some have dubbed "<a href="http://ny.curbed.com/archives/2015/05/15/versailles_in_the_sky_on_central_park_south_returns_for_50m.php">Versailles in the Sky</a>," has a 92-foot expanse overlooking Central Park. It's one of only 12 large condos located above the Ritz-Carlton, and resident amenities include a private lobby and an on-site gym and spa.</p>
<p>The apartment is now listed with Deborah Grubman, David Adler, and Paul Albano of Corcoran.&nbsp;</p>
<p><em>Portia Crowe contributed reporting to an earlier version of this article.</em></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/kellyanne-conway-buys-8-million-dc-mansion-2017-4" >Report: 'Trump whisperer' Kellyanne Conway just bought an $8 million DC mansion</a></strong></p>
<h3>First, here's the floor plan.</h3>
<img src="http://static3.businessinsider.com/image/555a33916bb3f78545c0bc15-400-300/first-heres-the-floor-plan.jpg" alt="" />
<br/><br/><h3>The living room has Venetian plaster walls and German silver floors.</h3>
<img src="http://static4.businessinsider.com/image/58ffa2550ba0b89a1e8b5e4b-400-300/the-living-room-has-venetian-plaster-walls-and-german-silver-floors.jpg" alt="" />
<br/><br/><h3>Each room boasts 10-foot ceilings.</h3>
<img src="http://static5.businessinsider.com/image/58ffa2147522ca87088b62f5-400-300/each-room-boasts-10-foot-ceilings.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-27-million-2017-4#/#the-dining-room-features-18th-century-style-wood-panels-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/zaha-hadid-new-york-city-apartment-photos-2017-4Inside 2 multimillion-dollar apartments at one of the last buildings starchitect Zaha Hadid designed before she diedhttp://www.businessinsider.com/zaha-hadid-new-york-city-apartment-photos-2017-4
Fri, 07 Apr 2017 16:17:00 -0400Leanna Garfield
<p><img src="http://static4.businessinsider.com/image/58e6a0718af57875038b6e66-1500" alt="zaha hadid 6" data-mce-source="Scott Francis"></p><p>Residents will soon be able to move into <a href="http://www.businessinsider.com/zaha-hadid-new-york-apartments-2017-3/">a new luxury condo complex</a>&nbsp;that&nbsp;overlooks Manhattan's famed elevated park, the High Line.</p>
<p>The building was one of the last projects by Zaha Hadid, the world-renowned architect who <a href="http://www.businessinsider.com/zaha-hadids-most-memorable-works-2016-3">died at age 65</a> in early 2016. She was the first woman and Muslim to win a <a href="http://www.businessinsider.com/pritzker-prize-winners-2017-3">Pritzker Prize</a>, often considered the Nobel Prize of architecture.</p>
<p>Located on Manhattan's far west side, the new complex at 520 West 28th Street will be stunning, with&nbsp;<span>an intricate metal-and-glass facade&nbsp;sculpted piece by piece.&nbsp;</span><span><span>Inside,&nbsp;it will include 39&nbsp;units, the most expensive of which is currently asking $50 million.&nbsp;Approximately 50% of the units are already in contract, <a href="http://streeteasy.com/building/520-west-28th-by-zaha-hadid">according to</a> StreetEasy.</span></span></p>
<p><span>D</span><span>eveloper </span><a href="https://www.google.com/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;uact=8&amp;ved=0ahUKEwi72KfY16TLAhWGcD4KHb-oAYQQFggcMAA&amp;url=http%3A%2F%2Fwww.related.com%2F&amp;usg=AFQjCNFV08xzUunHkA6QRf6s4FnXX3uKzg">Related Companies</a><span> broke ground in 2014.</span><span>&nbsp;Samantha Zola,&nbsp;<span>a s</span><span>pokesperson for the building,</span>&nbsp;told Business Insider that the building will open in June 2017.&nbsp;</span></p>
<p><span>Here's a first look inside two of its model condos, which cost $15 million and $4.9 million, respectively.</span></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/megaprojects-new-york-city-2017-4" >11 billion-dollar mega-projects that will transform New York City by 2035</a></strong></p>
<p><strong>DON'T MISS:&nbsp;<a href="http://www.businessinsider.com/photos-of-jordan-belfort-wolf-of-wall-street-home-2017-4" >The Long Island mansion where the real 'Wolf of Wall Street' once lived and partied can be yours for $3.4 million</a></strong></p>
<h3>Hadid's building is located at 520 West 28th on Manhattan's far west side. The four-bedroom apartment pictured below, which spans 4,500 square feet, is listed for $15 million.</h3>
<img src="http://static3.businessinsider.com/image/58e6a0708af5781d008b6ede-400-300/hadids-building-is-located-at-520-west-28th-on-manhattans-far-west-side-the-four-bedroom-apartment-pictured-below-which-spans-4500-square-feet-is-listed-for-15-million.jpg" alt="" />
<br/><br/><h3>The kitchen features a marble island with edges that swoop down like the building's facade. Hadid worked with the Italian designer Boffi to create it.</h3>
<img src="http://static2.businessinsider.com/image/58e6a0708af578c8638b4737-400-300/the-kitchen-features-a-marble-island-with-edges-that-swoop-down-like-the-buildings-facade-hadid-worked-with-the-italian-designer-boffi-to-create-it.jpg" alt="" />
<br/><br/><h3>Interior designer Jennifer Post chose white and muted furniture with colorful, contemporary artwork for the model apartment.</h3>
<img src="http://static5.businessinsider.com/image/58e6a0708af57859008b6ef6-400-300/interior-designer-jennifer-post-chose-white-and-muted-furniture-with-colorful-contemporary-artwork-for-the-model-apartment.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/zaha-hadid-new-york-city-apartment-photos-2017-4#/#around-the-corner-theres-an-office-space-with-a-view-of-the-high-line-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/billionaires-flock-to-porsche-tower-2017-3The world's billionaires are flocking to Miami's luxurious Porsche Design Tower, where they can use an elevator for their carshttp://www.businessinsider.com/billionaires-flock-to-porsche-tower-2017-3
Fri, 31 Mar 2017 11:37:57 -0400Madeline Stone
<p><img style="float:right;" src="http://static3.businessinsider.com/image/58de6ff68af578032f8b483c-2000" alt="porsche design tower" data-mce-source="Courtesy of Porsche Design Tower"></p><p>For the billionaire who doesn't want to sleep too far from his sports car, the perfect home is now ready for move-in: Miami's Porsche Design Tower.</p>
<p>The 60-story building&nbsp;on Sunny Isles Beach&nbsp;is the first one in the US by the famed Porsche brand, which chose this <a href="http://www.businessinsider.com/guide-to-miami-luxury-real-estate-2016-2">Florida real-estate playground</a> to make its mark, in partnership with Dezer Development.</p>
<p>More importantly, it's also the first building to contain a patented "Dezervator," essentially a drive-in car&nbsp;elevator.</p>
<p>Only six of the 132 units are still on the market — but that includes the four-level, 17,000-square-foot penthouse that's up for grabs for $32.5 million. That penthouse comes with two private pools and a four-car "sky garage."</p>
<p>The buyer will be in good company, as <a href="https://therealdeal.com/issues_articles/life-in-the-fast-lane/">at least 22 billionaires</a> have already bought in. Meanwhile, regular units can display up to nine cars, with&nbsp;extra space available for an added purchase price. Other building amenities include a spa, a ballroom, a movie theater, and a game room with race-car simulators.</p>
<p>The tower celebrated its grand opening March 18 with a performance by Alicia Keys.</p>
<p><em>Raisa Bruner contributed reporting to an earlier version of this article.</em></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/guide-to-miami-luxury-real-estate-2016-2" >Miami is a billionaire homebuyer's paradise, and these are some of its most important luxury condos and mansions</a></strong></p>
<h3>The tower is 60 stories tall, rising 650 feet on the shorefront of Sunny Isles Beach.</h3>
<img src="http://static2.businessinsider.com/image/58de6ecc77bb7070008b55dd-400-300/the-tower-is-60-stories-tall-rising-650-feet-on-the-shorefront-of-sunny-isles-beach.jpg" alt="" />
<br/><br/><h3>126 of the tower's 132 units have already sold, with an estimated sellout of $840 million.</h3>
<img src="http://static2.businessinsider.com/image/58de6f4777bb70c3008b55e0-400-300/126-of-the-towers-132-units-have-already-sold-with-an-estimated-sellout-of-840-million.jpg" alt="" />
<br/><br/><h3>There's a large pool on the ground floor, just steps away from the beach.</h3>
<img src="http://static5.businessinsider.com/image/58de6f9d77bb7028008b55dc-400-300/theres-a-large-pool-on-the-ground-floor-just-steps-away-from-the-beach.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/billionaires-flock-to-porsche-tower-2017-3#/#but-the-real-star-of-the-show-is-the-special-hydraulic-lift-built-just-for-cars-residents-can-drive-straight-in--4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/new-york-real-estate-15-central-park-west-2016-5Meet the big shot residents of 15 Central Park Westhttp://www.businessinsider.com/new-york-real-estate-15-central-park-west-2016-5
Wed, 04 May 2016 10:30:33 -0400Ruchika Agarwal
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<span style="color: #222222; line-height: 1.5em;">The luxury condominium at 15 Central Park West is home to New York City's most powerful bankers, hedge funders, business tycoons and foreign billionaires. The building boasts an array of amenities including a library, 30 wine cellars, and a private restaurant.</span>
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<p><em>Produced by<a href="http://www.businessinsider.com/author/ruchika-agarwal"> Ruchika Agarwal</a><br><a href="http://www.businessinsider.com/author/alex-kuzoian"></a></em></p>
<p><strong>Follow BI Video: </strong>O<a href="https://twitter.com/BI_Video">n Twitter</a><a href="https://www.facebook.com/BusinessInsider.Video/?fref=ts"><br></a></p><p><a href="http://www.businessinsider.com/new-york-real-estate-15-central-park-west-2016-5#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/billionaires-flock-to-porsche-tower-2016-2The world's billionaires are flocking to Miami's luxurious Porsche Design Tower, where they can use an elevator for their carshttp://www.businessinsider.com/billionaires-flock-to-porsche-tower-2016-2
Tue, 01 Mar 2016 14:55:29 -0500Raisa Bruner
<p><img style="float:right;" src="http://static2.businessinsider.com/image/56cf75482e5265b9008b9bf1-2500-1389/porsche_penthouse_rs.jpg" alt="porsche design tower penthouse" data-mce-source="Courtesy of Porsche Design Tower" /></p><p>For the billionaire who doesn't want to sleep too far from his sports car, the perfect home is almost ready for move in to: Miami's Porsche Design Tower.</p>
<p>The 60-story building&nbsp;on Sunny Isles Beach&nbsp;is the first one in the US by the famed Porsche brand, which chose this <a href="http://www.businessinsider.com/guide-to-miami-luxury-real-estate-2016-2">Florida real-estate playground</a> to make its mark. More importantly, it's also the first building to contain a patented "Dezervator," essentially a drive-in car&nbsp;elevator.</p>
<p>Slated for completion in June 2016, only eight&nbsp;of the 132 units are still on the market &mdash; but that includes the four-level, 17,000-square-foot penthouse, up for grabs for $32.5 million. That penthouse comes with two private pools and a four-car "sky garage."</p>
<p>The buyer will be in good company, as at least 22 billionaires have already bought in. Meanwhile, regular units can display up to nine cars, with&nbsp;extra space available for an added purchase price. Other building amenities include a spa, a ballroom, a movie theater, and a game room with race-car simulators.</p>
<p><span style="line-height: 1.5em;">Check out the latest pictures of the tower and its unique car elevator below:</span></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/guide-to-miami-luxury-real-estate-2016-2" >Miami is a billionaire homebuyer's paradise, and these are some of its most important luxury condos and mansions</a></strong></p>
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<h3>The tower is 60 stories tall, rising 650 feet on the shorefront of Sunny Isles Beach.</h3>
<img src="http://static6.businessinsider.com/image/56cf70de6e97c686008b9bbb-400-300/the-tower-is-60-stories-tall-rising-650-feet-on-the-shorefront-of-sunny-isles-beach.jpg" alt="" />
<br/><br/><h3>It's scheduled for completion in June. Ninety-four percent of the units have already sold — 22 of them to billionaires.</h3>
<img src="http://static1.businessinsider.com/image/56cf70f76e97c61f048b9bd6-400-300/its-scheduled-for-completion-in-june-ninety-four-percent-of-the-units-have-already-sold-22-of-them-to-billionaires.jpg" alt="" />
<br/><br/><h3>There's a large pool on the ground floor, just steps away from the beach.</h3>
<img src="http://static4.businessinsider.com/image/52c6d097eab8ea2b3f39f0ee-400-300/theres-a-large-pool-on-the-ground-floor-just-steps-away-from-the-beach.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/billionaires-flock-to-porsche-tower-2016-2#/#but-the-real-star-of-the-show-is-the-special-hydraulic-lift-just-for-cars-residents-can-drive-straight-in--4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/big-shot-residents-15-central-park-west-new-york-city-real-estate-2015-12Meet the big shot residents of 15 Central Park Westhttp://www.businessinsider.com/big-shot-residents-15-central-park-west-new-york-city-real-estate-2015-12
Wed, 20 Jan 2016 06:21:00 -0500Ruchika Agarwal
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<p>The ultra luxury condominium at 15 Central Park West is home to New York City's most powerful bankers, hedge funders, business tycoons and foreign billionaires. The building boasts an array of amenities including a library, 30 wine cellars, and a private restaurant.</p>
<p><em>Produced by<a href="http://www.businessinsider.com/author/ruchika-agarwal"> Ruchika Agarwal</a><br><a href="http://www.businessinsider.com/author/alex-kuzoian"></a></em></p>
<p><strong>Follow BI Video: </strong><a href="https://www.facebook.com/BusinessInsider.Video/?fref=ts">On Facebook</a></p><p><a href="http://www.businessinsider.com/big-shot-residents-15-central-park-west-new-york-city-real-estate-2015-12#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/tour-of-star-studded-gran-paraiso-in-miami-2015-10Take a tour of the swanky Miami condos attracting big-shot DJs and professional athleteshttp://www.businessinsider.com/tour-of-star-studded-gran-paraiso-in-miami-2015-10
Thu, 08 Oct 2015 13:05:26 -0400Madeline Stone
<p><img src="http://static4.businessinsider.com/image/561441549dd7cc03308b47ff-1700-850/granparaiso_4.jpg" alt="granparaiso miami" data-mce-source="Courtesy of GranParaiso" /></p><p></p>
<p><a href="http://paraisobay.com/">Paraiso</a>, a new set of ultra-luxurious condo towers under development in Miami, is already drawing some pretty high-profile names in the entertainment industry, and it isn't even finished yet. Set on 10 acres of land in Miami's Edgewater neighborhood, Paraiso is one of the&nbsp;biggest real estate projects in the city's history.&nbsp;</p>
<p>Perennial baseball star Alex Rodriguez is the latest to buy in, purchasing a 3,200-square-foot penthouse on the 53rd floor of the fourth and final tower in the complex, <a href="http://granparaisoresidences.com/">Gran Paraiso</a>. His neighbors in the tower will include DJ David Guetta, NBA player Manu Gin<span>&oacute;bili, and tennis champion Arantxa S<span>&aacute;nchez Vicario.&nbsp;</span></span></p>
<p><span><span>With amenities like wraparound terraces, private elevator access, tennis courts, putting green, movie theater, bowling alley, and a beach club, it's no surprise they're interested.</span></span></p>
<p><span><span>The towers are being designed by Arquitectonica and marketed&nbsp;by The Related Group, who haven't disclosed purchase prices. They did note, however, that similar units in the area have recently sold for north of $4 million.&nbsp;</span></span></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/alabamas-biggest-mansion-gets-second-auction-2015-10" >The biggest mansion in Alabama is being auctioned — and it could be 'the buy of a lifetime'</a></strong></p>
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<h3>GranParaiso is under construction on the Biscayne Bay waterfront. Paraiso Bay is also being built beside it, though the two towers will have separate entrances.</h3>
<img src="http://static2.businessinsider.com/image/56143e49bd86ef18008bfdb7-400-300/granparaiso-is-under-construction-on-the-biscayne-bay-waterfront-paraiso-bay-is-also-being-built-beside-it-though-the-two-towers-will-have-separate-entrances.jpg" alt="" />
<br/><br/><h3>The lobby and public spaces were designed by noted Italian architect Piero Lissoni. Private elevators lead up to each unit.</h3>
<img src="http://static4.businessinsider.com/image/56143e4dbd86ef14008bfcb8-400-300/the-lobby-and-public-spaces-were-designed-by-noted-italian-architect-piero-lissoni-private-elevators-lead-up-to-each-unit.jpg" alt="" />
<br/><br/><h3>Here's a look at what A-Rod's penthouse might look like once he moves in. The master bath has a stand-alone tub, plus large glass walls that give a view onto the master bedroom and the ocean behind it.</h3>
<img src="http://static3.businessinsider.com/image/56143e4abd86ef14008bfcb7-400-300/heres-a-look-at-what-a-rods-penthouse-might-look-like-once-he-moves-in-the-master-bath-has-a-stand-alone-tub-plus-large-glass-walls-that-give-a-view-onto-the-master-bedroom-and-the-ocean-behind-it.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/tour-of-star-studded-gran-paraiso-in-miami-2015-10#/#a-great-room-has-nearly-700-square-feet-of-space-in-addition-to-ocean-views-on-two-sides-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/ground-zero-mosque-site-will-be-condos-2015-9A massive luxury condo building will rise at the former site of the 'Ground Zero Mosque'http://www.businessinsider.com/ground-zero-mosque-site-will-be-condos-2015-9
Mon, 28 Sep 2015 12:28:09 -0400Madeline Stone
<p><img style="float:right;" src="http://static4.businessinsider.com/image/560951d59dd7cc10008bd725-3377-6084/45 park place hero final credit williams new york.jpg" alt="45 Park Place" data-mce-source="Williams New York" /></p><p>Developer Sharif El-Gamal inspired a national controversy when in 2010 he proposed plans to build a 15-story Islamic center just blocks away from Ground Zero in downtown Manhattan.&nbsp;</p>
<p>Protesters dubbed the planned Islamic community the "Ground Zero Mosque" and said that the construction would be a dishonor to all those who perished at the World Trade Center on 9/11.&nbsp;</p>
<p>The plan, officially called the Park51 Islamic Cultural Center, was eventually tabled amid a lack of financing.&nbsp;</p>
<p>But now El-Gamal's Soho Properties has a new proposal for the site: a 665-foot luxury condo tower named for its address, 45 Park Place.&nbsp;</p>
<p>The tower was designed by SOMA Architects' Michel Abboud with&nbsp;Ismael Leyva Architects. &nbsp;</p>
<p>Abboud and El-Gamal worked together on the original design for the Islamic center.</p>
<p><span style="font-weight: 400;">"I have worked with Michel for almost a decade to conceive the very best plan for this site, and my confidence is unwavering," El-Gamal said in a press release announcing the new proposal. "Michel's talent is staggering, and I am extremely proud to continue to work with him to realize the exquisite design in the form of a perfect glass and steel structure."</span></p>
<p><span style="font-weight: 400;">The skyscraper, as proposed, will have 70 stories of condos.&nbsp;</span></p>
<p>About halfway up the tower, condos will become full-floor units with their own private elevators, Abboud <a href="http://www.bloomberg.com/news/articles/2015-09-25/45-park-place-pricing-ground-zero-mosque-condos-aim-above-market-rate">told Bloomberg</a>. They'll have 12-foot windows with panoramic views of the Hudson River and Manhattan.&nbsp;</p>
<p>There will also be two duplex penthouses at the top of the tower.&nbsp;</p>
<p>Italian architect Piero Lissoni will design the condo interiors and amenities, while Jean Nouvel will work on a museum and green space next door. <a href="http://www.bloomberg.com/news/articles/2015-09-25/45-park-place-pricing-ground-zero-mosque-condos-aim-above-market-rate">Abboud said</a> that amenities will potentially include a 50-foot swimming pool and a luxury concierge service.&nbsp;</p>
<p>Construction is expected to begin by the end of the year, with occupancy tentatively scheduled for 2017.&nbsp;</p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/inside-new-york-citys-woolworth-building-2015-9" >Go inside the rarely seen underbelly of New York's famed Woolworth Building</a></strong></p>
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<p><a href="http://www.businessinsider.com/ground-zero-mosque-site-will-be-condos-2015-9#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/shanghai-tower-tallest-building-china-2015-6">The tallest building in China — a 2,000-foot skyscraper in Shanghai — is finally ready</a></p> http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5Billionaire hedge funder Howard Marks just listed his 'Versailles in the Sky' NYC condo for $50 million – againhttp://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5
Sat, 23 May 2015 18:22:00 -0400Portia Crowe
<p>Oaktree Capital chairman Howard Marks has <a href="http://ny.curbed.com/archives/2015/05/15/versailles_in_the_sky_on_central_park_south_returns_for_50m.php">listed</a>his 8-bedroom, 4,536-square-foot Central Park South apartment for $50 million.</p>
<p>It's the second time he's listed the full-floor unit, located at 50 Central Park South and designed by <a href="http://www.michaelsmithinc.com/">Michael Smith</a>, who also designed the 2010 Oval Office makeover.</p><p><a href="http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/bethenny-frankel-huge-business-mistake-lost-millions-real-housewives-2015-5">How one simple mistake cost 'Real Housewives' superstar Bethenny Frankel millions</a></p> http://www.businessinsider.com/the-market-for-25000-per-month-and-up-luxury-condo-rentals-is-stronger-than-ever-2015-5The market for $25,000-per-month-and-up luxury condo rentals is stronger than everhttp://www.businessinsider.com/the-market-for-25000-per-month-and-up-luxury-condo-rentals-is-stronger-than-ever-2015-5
Fri, 22 May 2015 10:05:00 -0400Tess Hofman
<p><img style="float:right;" src="http://static3.businessinsider.com/image/555f34f46da811c2484e831f-504-378/luxury-condo.jpg" border="0" alt="luxury condo"></p><p>The luxury condo craze is a familiar concept, but what’s not talked about as much is the growing market for luxury rentals of the $25,000-per-month-and-up caliber.</p>
<p>During the first quarter of 2015, there were 82 rentals listed for over $50,000 a month on StreetEasy, more than triple what you could find in the first quarter of 2008, <a href="http://www.bloomberg.com/news/articles/2015-05-21/the-rise-of-the-50-000-rental" target="_blank">Bloomberg News</a> reported.</p>
<p>Rentals over $25,000 made up almost 1 percent of listing inventory on the site.</p>
<p>Real estate agents and wealth managers say that the trend is related to the luxury condo boom, but is also a sign of the shifting preferences of the global elite, who might want a luxurious home without the commitment. When you reach a certain level, securing a home as an asset is not necessarily a concern.</p>
<p>Furthermore, some who think New York City property values have reached their peak might find it prudent to rent rather than buy.</p>
<p>“There’s an antiquated mentality that a primary residence has to be an investment property. That’s changing,” said Thorne Perkin, president of Papamarkou Wellner Asset Management</p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/stephanie-ruhle-selling-her-condo-2015-4" >Bloomberg TV star Stephanie Ruhle is selling her marvelous Tribeca condo for $5.2 million </a></strong></p>
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<p><a href="http://www.businessinsider.com/the-market-for-25000-per-month-and-up-luxury-condo-rentals-is-stronger-than-ever-2015-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/etihad-airways-new-luxury-planes-2014-12">These New Luxury Planes Feature $20,000 'Mini Apartments' With A Private Bathroom And A Butler</a></p> http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5Billionaire hedge funder Howard Marks just listed his 'Versailles in the Sky' NYC condo for $50 million – againhttp://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5
Mon, 18 May 2015 16:03:00 -0400Portia Crowe
<p><img style="float:right;" src="http://static6.businessinsider.com/image/555a3b3e69beddec35d03268-1200-924/ae12a85121d394855c5a5538527c002c-1.jpg" border="0" alt="ae12a85121d394855c5a5538527c002c"></p><p>Oaktree Capital chairman Howard Marks has <a href="http://ny.curbed.com/archives/2015/05/15/versailles_in_the_sky_on_central_park_south_returns_for_50m.php">listed</a> his 8-bedroom, 4,536-square-foot Central Park South apartment for $50 million.</p>
<p>It's the second time he's listed the full-floor unit, located at 50 Central Park South and designed by <a href="http://www.michaelsmithinc.com/">Michael Smith</a>, who also designed the 2010 Oval Office makeover.</p>
<p>Marks, who reportedly paid <a href="http://ny.curbed.com/archives/2012/07/07/twobedroom_in_the_ritz_carlton_seeks_50m.php">close to $19 million</a> for the apartment back in 2007, originally <a href="http://www.businessinsider.com/howard-marks-50-million-ritz-carlton-apartment-2012-7?op=1">listed it in July 2012</a> and asked for $50 million at that time too.</p>
<p>The luxury condo, dubbed "<a href="http://ny.curbed.com/archives/2015/05/15/versailles_in_the_sky_on_central_park_south_returns_for_50m.php">Versailles in the Sky</a>," has a 92-foot expanse&nbsp;– spanning 5 separate rooms&nbsp;– overlooking the park, according to the <a href="http://www.sothebyshomes.com/nyc/sales/00110110#features">listing</a>.</p>
<p>It's one of only 12 large condos located above the Ritz-Carlton, and includes a private residential lobby and an on-site gym and spa.</p>
<p>The apartment is listed with Roberta Golubock at <a href="http://www.sothebyshomes.com/nyc/sales/00110110#features">Sotheby's International Reality</a>.</p><h3>First, here's the floor plan.</h3>
<img src="http://static3.businessinsider.com/image/555a33916bb3f78545c0bc15-400-300/first-heres-the-floor-plan.jpg" alt="" />
<br/><br/><h3>The living room has "stucco veneziano" walls and "parquet de Versailles-patterned" German silver floors.</h3>
<img src="http://static1.businessinsider.com/image/555a2fcfecad047d111d8712-400-300/the-living-room-has-stucco-veneziano-walls-and-parquet-de-versailles-patterned-german-silver-floors.jpg" alt="" />
<br/><br/><h3>Each room boasts 10-foot ceilings.</h3>
<img src="http://static6.businessinsider.com/image/555a3235ecad043c1e1d8713-400-300/each-room-boasts-10-foot-ceilings.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/howard-marks-versailles-in-the-sky-up-for-50-million-2015-5#the-dining-room-features-18th-century-style-boiseries-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/bill-ackman-bought-an-apartment-for-90-million-and-he-thinks-he-got-a-great-price-2015-5Bill Ackman bought an apartment for $90 million, and he's pretty sure it's a stealhttp://www.businessinsider.com/bill-ackman-bought-an-apartment-for-90-million-and-he-thinks-he-got-a-great-price-2015-5
Mon, 04 May 2015 14:29:00 -0400Portia Crowe
<p><img style="float:right;" src="http://static2.businessinsider.com/image/5450f1bd6bb3f7565fdea9a6-961-720/bill-ackman-one57.jpg" border="0" alt="Bill Ackman One57"></p><p>Billionaire hedge-fund manager Bill Ackman <a href="therealdeal.com/blog/2015/04/09/bill-ackman-led-group-closes-on-91m-one57-pad/">dropped $91.5 million</a> on a luxury One57 apartment last month, together with a group of investors.</p>
<p>It's the second-most expensive apartment sale in New York City&nbsp;— ever. But Ackman says he bought it "at a very attractive price."</p>
<p>Before speaking at the 2015 Sohn Investment Conference on Monday, he told Bloomberg's Stephanie Ruhle that the apartment is an "investment."</p>
<p>"I think it’s the best apartment in the world," said Ackman, who does not intend to ever live there.</p>
<p>The six-bedroom, 13,554-square-foot unit is located on the 75th and 76th floors of the swanky One57 condo, reports <a href="http://therealdeal.com/blog/2015/04/09/bill-ackman-led-group-closes-on-91m-one57-pad/">The Real Deal</a>.</p>
<p>Ackman told Ruhle he thinks he got the place cheap because apartments overlooking New York's Central Park usually go for $10,000 per square foot. At $91.5 million, he only paid $<span>6,750 per square foot.</span></p>
<p>Initially, Ackman said he bought the apartment "<a href="http://www.nytimes.com/2014/10/26/business/bill-ackman-and-his-hedge-fund-betting-big.html">for fun</a>."&nbsp; Now it sounds like he's changing his tone. He said he lives in a normal "family" apartment.</p><p><strong>Want to know what Ackman's place looks like?&nbsp;<a href="http://www.businessinsider.com/inside-one57s-100-million-penthouse-2015-1" >Step inside One57, where New York's most expensive penthouse just sold for a record-breaking $100 Million</a></strong></p>
<p><a href="http://www.businessinsider.com/bill-ackman-bought-an-apartment-for-90-million-and-he-thinks-he-got-a-great-price-2015-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/tony-robbins-advice-motivation-inspiration-presidents-2015-3">Why billionaires and power players go to Tony Robbins for advice</a></p> http://www.businessinsider.com/most-expensive-home-in-brooklyn-2015-4A hedge funder is selling his massive Brooklyn condo for $32 million because it's 'just a little bit too spread out' http://www.businessinsider.com/most-expensive-home-in-brooklyn-2015-4
Sat, 11 Apr 2015 14:22:00 -0400Julia La Roche
<p><span style="line-height: 1.5em;">A hedge funder and his wife are selling their massive penthouse apartment in Brooklyn Heights for $32 million because it's "just a little bit too spread out," <a href="http://www.wsj.com/articles/brooklyns-priciest-condo-listed-for-32-million-1428340239">they told the Wall Street Journal. </a></span></p>
<p><span style="line-height: 1.5em;"><span></span><span style="line-height: 1.5em;">The penthouse at One Brooklyn Bridge Park is the most expensive condo on the market in Brooklyn.</span></span></p><p><a href="http://www.businessinsider.com/most-expensive-home-in-brooklyn-2015-4#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/basic-excel-shortcuts-navigate-format-lock-hacks-spreadsheet-2015-3">The 5 basic Excel shortcuts everyone needs to know</a></p> http://www.businessinsider.com/most-expensive-home-in-brooklyn-2015-4A hedge funder is selling his massive Brooklyn condo for $32 million because it's 'just a little bit too spread out' http://www.businessinsider.com/most-expensive-home-in-brooklyn-2015-4
Tue, 07 Apr 2015 11:13:00 -0400Julia La Roche
<p><span style="line-height: 1.5em;"><img style="float:right;" src="http://static3.businessinsider.com/image/5523ee36ecad045d1ffc827d-821-615/one-brooklyn-bridge-park.png" border="0" alt="One brooklyn bridge park">A hedge funder and his wife are selling their massive penthouse apartment in Brooklyn Heights for $32 million because it's "just a little bit too spread out," <a href="http://www.wsj.com/articles/brooklyns-priciest-condo-listed-for-32-million-1428340239">they told the Wall Street Journal. </a></span></p>
<p><span style="line-height: 1.5em;"><span></span><span style="line-height: 1.5em;">The penthouse at One Brooklyn Bridge Park is the most expensive condo on the market in Brooklyn.</span></span></p>
<p><span style="line-height: 1.5em;"><span style="line-height: 1.5em;">The sellers are Stuart Leaf, founder of fund-of-funds </span><a href="http://brooklyneagle.com//articles/who-are-sellers-brooklyns-priciest-home-find-out-here-2014-05-20-003000">Cadogan Management</a><span style="line-height: 1.5em;">, and his wife, Claire Silberman Leaf, <a href="http://www.brooklyneagle.com/articles/2014/5/19/who-are-sellers-brooklyns-priciest-home-find-out-here">a philanthropist and former lawyer.</a></span></span></p>
<p><span style="line-height: 1.5em;"><span style="line-height: 1.5em;">Stuart Leaf told to the Journal that one time he received a phone call from his wife asking when he would be home. He was already home, though. It turned out that they had both been in the apartment for three hours and neither one knew it.</span></span></p>
<p><span style="line-height: 1.5em;">The apartment was originally three separate units, but the Leafs renovated and turned the 10th, 11th, and 12th floors into one large home. </span><span style="line-height: 1.5em;">The penthouse features 14 rooms, including six bedrooms and six full baths, with many of them offering spectacular views</span><span style="line-height: 1.5em;"> of Brooklyn Bridge Park, the Statue of Liberty, and downtown Manhattan.</span></p>
<p><span style="line-height: 1.5em;">The home is listed by&nbsp;</span><span style="line-height: 1.5em;">Karen and Alan Heyman of&nbsp;</span><a href="http://www.sothebyshomes.com/nyc/sales/0137134">Sotheby's International Realty</a><span style="line-height: 1.5em;">.&nbsp;</span></p>
<p><span style="line-height: 1.5em;"><em><a href="http://www.businessinsider.com/author/alyson-penn">Alyson Penn</a> contributed to this report.</em><br></span></p><h3>Welcome to the penthouse at One Brooklyn Bridge Park.</h3>
<img src="http://static2.businessinsider.com/image/5523f207eab8ea4136fc8285-400-300/welcome-to-the-penthouse-at-one-brooklyn-bridge-park.jpg" alt="" />
<br/><br/><h3>It has spacious foyers.</h3>
<img src="http://static6.businessinsider.com/image/5523f2146da8112033b85d51-400-300/it-has-spacious-foyers.jpg" alt="" />
<br/><br/><h3>And the landscaped terrace is right off the oversized living room, making it perfect for parties.</h3>
<img src="http://static1.businessinsider.com/image/5523f227ecad042835fc827f-400-300/and-the-landscaped-terrace-is-right-off-the-oversized-living-room-making-it-perfect-for-parties.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/most-expensive-home-in-brooklyn-2015-4#the-deck-offers-gorgeous-views-of-lower-manhattan-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/luxury-condo-with-balcony-pools-2015-1A Luxury Condo In India Will Have A Private Swimming Pool On Every Balcony http://www.businessinsider.com/luxury-condo-with-balcony-pools-2015-1
Tue, 06 Jan 2015 12:19:00 -0500Asta Thrastardottir
<p class="p1"><span style="font-size: 15px; line-height: 1.5em;"><img src="http://static2.businessinsider.com/image/54ab044decad04995934200d-1200-1715/ziwucg_10200_c1yj.jpg" border="0" alt="Bandra Ohm "><span style="font-size: 15px; line-height: 1.5em;">The Bandra Ohm, a residential high-rise in Mumbai, is offering the latest extravagance in luxury condos: a private balcony swimming pool in every unit.&nbsp;</span></span></p>
<p class="p1">The 30-story tower will have about 100 units that will all have their very own crescent-shaped balcony pools enclosed in acrylic (the material used in large aquariums), <a href="http://www.wsj.com/articles/luxury-condos-with-private-pools-1420044973">the Wall Street Journal reports</a>.&nbsp;</p>
<p class="p1"><a href="http://www.jameslawcybertecture.com/">James Law Cybertecture</a>, the Hong Kong based firm building the Bandra Ohm, is designing the building with private swimming pools in order to offer&nbsp;<span style="font-size: 15px; line-height: 1.5em;">a whole new approach to the living environment of high-rise buildings.&nbsp;</span></p>
<p class="p1"><img src="http://static4.businessinsider.com/image/54ab044d6bb3f7447eeaa5c1-1200-1715/ziwucg_10200_c2_2.jpg" border="0" alt="Bandra Ohm "><span style="font-size: 15px; line-height: 1.5em;">In fact, the entire building takes its inspiration from water.&nbsp;</span><span style="font-size: 15px; line-height: 1.5em;">“The design concept of the tower is inspired by the ripple effect generated by water droplets, which is also known as the capillary wave,” according James Law Cybertecture.</span></p>
<p class="p1">The ripple pattern creates an empty space in the center of the building, where the developers have built a specially designed clubhouse.&nbsp;</p>
<p class="p1"><img src="http://static3.businessinsider.com/image/54ab044d6bb3f79107eaa5c1-1200-1715/ziwucg_10200_c3_0824.jpg" border="0" alt="Bandra Ohm "><span style="font-size: 15px; line-height: 1.5em;">This is not the first development that is planning to have a private swimming pool in every balcony. A 35 story building in Kuala Lumpur has a tagline that says: “94 Apartments, 95 Swimming Pools,” according to the WSJ. In the Bahamas, a 34 unit </span><a href="http://curbed.com/archives/2014/01/27/bjarke-ingels-reveals-honeycomb-resort-condo.php">Honeycomb building</a><span style="font-size: 15px; line-height: 1.5em;"> will have a private pool in every apartment.&nbsp;</span></p>
<p class="p1">But many are questioning if the private pools are worth it since they are usually quite small, and have a high possibility of spilling over. Plus, there's always the potential disaster of a leak.</p>
<p class="p1">The hassles of adding private pools to buildings also significantly increases the price — the Honeycomb’s condos that are 5,800 square feet and priced at $15 million.</p>
<p class="p2"><span style="font-size: 15px; line-height: 1.5em;">“If you’re trying for a differentiator, that’s a reason to do it,” Dolly Lenz, a luxury real-estate agent in New York,&nbsp;<a href="http://www.wsj.com/articles/luxury-condos-with-private-pools-1420044973">told the WSJ</a>. “But personally I wouldn’t recommend the idea to a developer.”&nbsp;</span></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/view-from-top-of-432-park-avenue-2014-10" >Here Are The Astounding Views From The Top Of New York City's Tallest Apartment Building</a></strong></p>
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<p><a href="http://www.businessinsider.com/luxury-condo-with-balcony-pools-2015-1#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/steampunk-condo-development-proves-that-new-york-is-over-2014-12This New Steampunk Condo Development Is Proof That New York Is Overhttp://www.businessinsider.com/steampunk-condo-development-proves-that-new-york-is-over-2014-12
Thu, 25 Dec 2014 11:25:00 -0500Shane Ferro
<p>This is the top for New York City.&nbsp;<span>It's all downhill from here.</span></p>
<p>A new condo building is going up in Manhattan's Hudson Square neighborhood — the triangle on the river between Tribeca, SoHo, and the West Village that has until recently been mostly commercial and industrial buildings.</p><p><a href="http://www.businessinsider.com/steampunk-condo-development-proves-that-new-york-is-over-2014-12#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/miami-penthouse-with-koons-sculptures-2014-12HOUSE OF THE DAY: Miami Penthouse With Two Jeff Koons Sculptures Lists For $29.5 Million http://www.businessinsider.com/miami-penthouse-with-koons-sculptures-2014-12
Tue, 16 Dec 2014 15:50:00 -0500Asta Thrastardottir
<p><img style="float:right;" src="http://static1.businessinsider.com/image/54905d586bb3f7867c163a6f-1200-924/hotd-miami-penthouse-with-jeff-koons-11.jpg" border="0" alt="HOTD: Miami Penthouse With Jeff Koons "></p><p>A new ultra-luxury condo building under construction in Miami comes with a fractional ownership of two original works by the world’s most expensive living artist: Jeff Koons.&nbsp;</p>
<p>The gorgeous top-floor penthouse that is asking for $29.5 million comes with a 1/240th stake in the Koons’s,&nbsp;<a href="http://www.wsj.com/articles/miami-area-penthouse-with-fractional-ownership-of-two-jeff-koons-works-asks-29-5-million-1417724193">according to the Wall Street Journal</a>.&nbsp;</p>
<p>The 19,321-square-foot Miami penthouse will also have&nbsp;five bedrooms,&nbsp;seven bathrooms, a sauna, an exercise area, two dens, and a massage room.</p>
<p>Plus, the condo is just a few steps away from the beach.&nbsp;</p>
<p>The building is expected to be completed in 2016.&nbsp;<span style="font-size: 15px; line-height: 1.5em;"><br></span></p><h3>Welcome to Oceana Bal Harbour in Miami’s Bal Harbour. The once-famous Bal Harbour Club is being redesigned to become the new Oceana Bal Harbour. </h3>
<img src="http://static6.businessinsider.com/image/54906b6becad04f95bab552f-400-300/welcome-to-oceana-bal-harbour-in-miamis-bal-harbour-the-once-famous-bal-harbour-club-is-being-redesigned-to-become-the-new-oceana-bal-harbour.jpg" alt="" />
<br/><br/><h3>The new 240-unit ultra luxury condos will be home to two world-class works of art by Jeff Koons.</h3>
<img src="http://static6.businessinsider.com/image/549056b4ecad04600fab552a-400-300/the-new-240-unit-ultra-luxury-condos-will-be-home-to-two-world-class-works-of-art-by-jeff-koons.jpg" alt="" />
<br/><br/><h3>The five-bedroom penthouse on the top floor of the 28-story building will have a grand total of 9,950 square feet of outdoor space.</h3>
<img src="http://static1.businessinsider.com/image/549055e26bb3f71e5d163a6f-400-300/the-five-bedroom-penthouse-on-the-top-floor-of-the-28-story-building-will-have-a-grand-total-of-9950-square-feet-of-outdoor-space.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/miami-penthouse-with-koons-sculptures-2014-12#the-master-bathroom-has-piero-lissoni-designed-cabinets-teak-shower-floors-and-an-oversized-vessel-soaking-tub-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/steampunk-condo-development-proves-that-new-york-is-over-2014-12This New Steampunk Condo Development Is Proof That New York Is Overhttp://www.businessinsider.com/steampunk-condo-development-proves-that-new-york-is-over-2014-12
Wed, 03 Dec 2014 10:37:00 -0500Shane Ferro
<p><img style="float:right;" src="http://static2.businessinsider.com/image/547e42e26bb3f7463d6044d5-1200-924/07232014-15renwick-lobbybookfinal.jpg" alt="07.23.2014 15Renwick Lobby_BookFINAL" border="0"></p><p>This is the top for New York City.&nbsp;<span style="line-height: 1.5em;">It's all downhill from here.</span></p>
<p>A new condo building is going up in Manhattan's Hudson Square neighborhood — the triangle on the river between Tribeca, SoHo, and the West Village that has until recently been mostly commercial and industrial buildings.</p>
<p><a href="http://15renwick.com/">15 Renwick</a> isn't just any building: it's a steampunk-themed luxury development. Steampunk-themed. Luxury. Development.&nbsp;</p>
<p><span>What is steampunk? It's mostly a literary and artistic genre. Think Helena Bonham Carter in Sweeney Todd, but m<span>uch less murderous, riding atop a floating, steam-powered sidecar.</span></span></p>
<p><img class="float_left" src="http://static6.businessinsider.com/image/547e436569bedd6a536044d7-1000-1294/15renwick_boxer-07.21.2014.jpg" alt="15Renwick_Boxer 07.21.2014" height="598" width="462" border="0"></p>
<p><span>American novelist Caitlin Kittredge described it as "sort of Victorian-industrial, but with more whimsy and fewer orphans," according to the steampunk movement's&nbsp;</span><a href="http://www.steampunk.com/what-is-steampunk/">official website</a><span>. An overly optimistic nostalgia for an earlier time ...&nbsp;</span><a href="http://www.businessinsider.com/the-quaint-economy-how-a-good-story-makes-a-successful-product-2014-10">where have we heard that before</a><span>?&nbsp;</span></p>
<p><span>Condos are priced between $2 million and $7.5 million (with hefty maintenance fees, natch).&nbsp;<span>The building's amenities include the regular: parking, roof deck, laundry. But there are also on-brand steampunk touches: a "high design boxing gym," a zen garden, and a 24-hour butler (listed as a feature in the lobby, so presumably more like a doorman in a puffy shirt?).&nbsp;</span></span></p>
<p><span style="font-size: 15px; line-height: 1.5em;">There's never been a clearer sign that 21st-century New York is nothing but an amusement park for the world's wealthy and their children. It has ceased to be a real place for the rest of us.</span></p>
<p>The building's website is filled with model-like characters who appear to have just stepped off the set of Hollywood films, as if actually living in this building is also just a fantasy. Given the number of <a href="http://nymag.com/news/features/foreigners-hiding-money-new-york-real-estate-2014-6/">foreigners buying condos in New York</a> at the moment, that it would be totally sold, but no one would actually live in this building is not all that far fetched.</p>
<p>The developer <a href="http://dnainfo.com/new-york/20141202/hudson-square/steampunk-themed-luxury-development-tops-out-hudson-square">joked to DNAinfo's Danielle Tcholakian</a> that it was a building for "rich hipsters." Here's how the building is described on its website.</p>
<p><img src="http://static3.businessinsider.com/image/547e34fe6da811116110debe-1200-750/screen shot 2014-12-02 at 4.53.24 pm.png" alt="15 Renwick" border="0"></p>
<p>Let's talk about the fact that there are characters in an apartment building. Not staff, but characters. Not residents, but characters. Living in this building is all about not living a real life.&nbsp;</p>
<p>It is questionable that living in New York City these days bears any resemblance to reality.&nbsp;</p>
<p>It's more like this:<span style="line-height: 1.5em;">&nbsp;</span></p>
<p><img src="http://static6.businessinsider.com/image/547e45676da811d63b10debb-1087-720/07.23.2014-15renwick-hero_bookfinal.jpg" alt="07.23.2014 15Renwick Hero_BookFINAL" style="line-height: 1.5em;" border="0"></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/krugman-on-rich-poor-wealth-success-america-2014-11" >KRUGMAN: It's Not Just About Hard Work — Dumb Rich Kids Get All The Breaks</a></strong></p>
<p><a href="http://www.businessinsider.com/steampunk-condo-development-proves-that-new-york-is-over-2014-12#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/doug-morris-is-selling-his-condo-for-115-million-2014-10The CEO Of Sony Music Is Selling His Ritzy New York City Condo For $11.5 Millionhttp://www.businessinsider.com/doug-morris-is-selling-his-condo-for-115-million-2014-10
Wed, 15 Oct 2014 15:24:00 -0400Madeline Stone
<p>Doug Morris, CEO of Sony Music Entertainment and founder of music-video giant Vevo, has listed his New York City apartment for $11.45 million.&nbsp;</p>
<p>Morris purchased the two-bedroom condo for $10 million back in 2007.</p>
<p>Amenities include a chef's kitchen, private master suite, and 1,985 square feet of space in the glamorous Plaza Hotel.</p>
<p><strong>The condo faces north, giving it some amazing views of the southern end of Central Park.&nbsp;</strong></p>
<p><img src="http://static2.businessinsider.com/image/543eb6b0ecad0470427e846a-800-/440x660-1.jpeg" border="0" alt="doug morris condo" width="800"></p>
<p><strong>The inside has some very purple decor.</strong></p>
<p><strong><img src="http://static2.businessinsider.com/image/543eb72c6bb3f72134f8c03f-1162-775/12433598.jpeg" border="0" alt="doug morris condo" width="800">The foyer has dark wood and antique mirrors.</strong></p>
<p><strong><img src="http://static6.businessinsider.com/image/543eb7c76bb3f74f36f8c042-800-534/440x660 (3).jpeg" border="0" alt="doug morris condo"></strong></p>
<p><strong>The apartment has two bedrooms, each with their own bathroom.</strong>&nbsp;</p>
<p><img src="http://static3.businessinsider.com/image/543eb8e7eab8ea780e7e846a-800-534/440x660 (2).jpeg" border="0" alt="doug morris condo"></p>
<p><strong>This suite even has its own fireplace.</strong></p>
<p><strong><img src="http://static5.businessinsider.com/image/543eb91f6da811614af8c03d-800-534/440x660 (1).jpeg" border="0" alt="doug morris condo">The Plaza is a gorgeous New York classic.</strong></p>
<p><strong><img src="http://static1.businessinsider.com/image/543eb9936bb3f78c3cf8c043-1200-924/plaza-hotel-1.jpg" border="0" alt="plaza hotel" width="800"><br></strong></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/mark-zuckerberg-hawaiian-property-photos-2014-10" >Take A Tour Of Mark Zuckerberg's Gigantic New $100 Million Property In Hawaii</a></strong></p>
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<p><a href="http://www.businessinsider.com/doug-morris-is-selling-his-condo-for-115-million-2014-10#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/time-warner-center-condo-2014-10Private Equity Chairman Is Selling His Massive Time Warner Center Condo For $35 Millionhttp://www.businessinsider.com/time-warner-center-condo-2014-10
Mon, 13 Oct 2014 13:24:00 -0400Elena Holodny
<p><img style="float:right;" src="http://static4.businessinsider.com/image/543c0d71ecad04eb1da743ec-901-676/25-columbus-circle-2.png" border="0" alt="25 Columbus Circle "></p><p>Roy Furman, chairman of private equity firm Jefferies Capital Partners is selling his nine-room condominium on top of the south tower of Time Warner Center for $35 million, according to&nbsp;<a href="http://therealdeal.com/blog/2014/10/11/time-warner-spread-hits-the-market-asking-35m/">The Real Deal</a>.</p>
<p>He bought the unit for $9.7 million back in 2005.</p>
<p><span>The condo includes three bedrooms and three bathrooms.</span></p>
<p><span>And if that's not enough, the views from the apartment are killer: you can see the Hudson River, and Central Park's pond and reservoir to the north.</span></p><h3>One bright red wall spices up the otherwise classic looking interior.</h3>
<img src="http://static2.businessinsider.com/image/543bfe20ecad04d156a743fd-400-300/one-bright-red-wall-spices-up-the-otherwise-classic-looking-interior.jpg" alt="" />
<br/><br/><h3>Here's the view you'd have sitting on one of the couches. </h3>
<img src="http://static2.businessinsider.com/image/543bfdff69beddfc2387a9b0-400-300/heres-the-view-youd-have-sitting-on-one-of-the-couches.jpg" alt="" />
<br/><br/><h3>Dining would be incomplete without a small statue and a collection of great literature.</h3>
<img src="http://static4.businessinsider.com/image/543bfe3beab8ea9311bc821a-400-300/dining-would-be-incomplete-without-a-small-statue-and-a-collection-of-great-literature.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/time-warner-center-condo-2014-10#another-bookshelf-with-a-photo-of-the-florence-cathedral-separates-the-dining-room-from-the-family-room-4">See the rest of the story at Business Insider</a>